2902, Lakepoint Tower
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Lakepoint Tower
What is 2902 worth today?
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Source: Dubai Land Department. Updated 15 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 29th of 44
- Parking
- B2-53
- Developer
- GGICO
- Completed
- 2009
- Service charge
- AED 11,500 /yr
- Last sold
- AED 636K · February 2011
- Building
- Lakepoint Tower
About 2902, Lakepoint Tower
2902 is a one-bedroom apartment of 901 sqft on the 29th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 13 February 2011 for AED 635,753, or AED 705 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 65,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 11,500 a year.
Sales and rents for 2902 over time
2902 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lakepoint Tower, and where 2902 sits
All 288 1-beds →2902 last sold in February 2011 at AED 705 per sqft, in line with what one-beds in Lakepoint Tower were fetching at the time (AED 713). Over the last 12 months one-beds sold for AED 748,549 to 1,202,127, around AED 1,021 per sqft, and rent for AED 30,000 to 135,000 a year. 2902's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 901 sqft | 1,000,000 | 1,110 | ||
| 8 Oct 20268 October 2026 | 901 sqft | 920,000 | 1,021 | ||
| 21 Aug 202621 August 2026 | 979 sqft | 1,055,000 | 1,077 | ||
| 16 Jul 202616 July 2026 | 979 sqft | 1,010,000 | 1,031 |
Lakepoint Tower
Building413 apartments, 1-bed to 3-bed over 44 floors in Jumeirah Lake Towers (JLT), completed in 2009 by GGICO. 29 sold in the last 12 months.
- Typical price per sqft
- AED 1,054 Up 9.1%
- Typical sale
- AED 1.01M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.2%
Other units on the 29th floor
All 413 units in Lakepoint Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,405 sqft | AED 1.15MAED 1,151,785 · Feb 2014February 2014 | 100,000 /yr | |
| 2903 | 1-bed | 973 sqft | AED 687KAED 686,656 · May 2013May 2013 | 63,800 /yr | |
| 2904 | 1-bed | 901 sqft | AED 629KAED 628,775 · Oct 2013October 2013 | 72,000 /yr | |
| 2905 | 2-bed | 1,405 sqft | AED 905KAED 904,916 · May 2012May 2012 | 97,020 /yr | |
| 2906 | 2-bed | 1,405 sqft | AED 950KAED 949,926 · Mar 2014March 2014 | 80,000 /yr | |
| 2907 | 1-bed | 901 sqft | AED 515KAED 515,250 · Apr 2022April 2022 | 96,000 /yr | |
| 2908 | 1-bed | 973 sqft | AED 687KAED 686,656 · Feb 2011February 2011 | 70,000 /yr | |
| 2909 | 1-bed | 901 sqft | AED 900KAED 900,000 · Aug 2013August 2013 | 66,000 /yr | |
| 2910 | 2-bed | 1,405 sqft | AED 1.65MAED 1,650,000 · Apr 2026April 2026 | 105,000 /yr |
2902, Lakepoint Tower in numbers
- Sold once: by GGICO on 13 February 2011 for AED 635,753, or AED 705 per sqft.
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 36,000 in 2021 and recovered to AED 65,000 by July 2025.
- At AED 65,000 a year the gross yield on the 2011 price is 10.2%, before a service charge of about AED 11,500 a year (AED 12.80 per sqft).
- One-beds in Lakepoint Tower sold for AED 748,549–1,202,127 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.
Source: Dubai Land Department. Updated 15 July 2025.
Questions about 2902, Lakepoint Tower
What did unit 2902 last sell for?
AED 635,753 on 13 February 2011, sold by the developer: AED 705 per sqft for 901 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 65,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2025, was AED 65,000; the unit has been rented since November 2014.
How big is unit 2902?
901 sqft (83.7 sqm): a one-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.
What is unit 2902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakepoint Tower sold for AED 748,549 to 1,202,127 in the last 12 months, around AED 1,021 per sqft.
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Mortgage on 2902, Lakepoint Tower
Starts from the last sale price (AED 636K, 13 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 635,753
- Deposit, UAE resident (20%)
- AED 127,151
- Deposit, non-resident (40%)
- AED 254,301
- Monthly over 25 years at 3.7%
- AED 2,601
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →